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Dec 7, 2012
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will fall back into recession if president obama and congressional republicans can't head off big tax increases and government spending cuts that are now 25 days away. for now, the administration is looking at the economy's bright side. let's go live to our white house correspondent dan loathian. >> reporter: the white house says it is another indication that the economy is starting to heal from some of the wounds inflicted by the economic downturn. vice president joe biden out speaking with middle class americans today said that the u.s. economy has turned the corner. he was very emphatic about that saying saying it is moving in a positive direction. at the same time, he was putting pressure on lawmakers to come to an agreement to avoid the fiscal cliff. it was yet another white house effort to rally support around its approach to the fiscal cliff. joe biden sitting down with seven middle class americans worried about their taxes going up. >> these are hard working, serious americans who are playing by the rules, doing it all right, and struggling already in this economy. >> reporter
will fall back into recession if president obama and congressional republicans can't head off big tax increases and government spending cuts that are now 25 days away. for now, the administration is looking at the economy's bright side. let's go live to our white house correspondent dan loathian. >> reporter: the white house says it is another indication that the economy is starting to heal from some of the wounds inflicted by the economic downturn. vice president joe biden out speaking...
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Dec 11, 2012
12/12
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jeffrey toobin is author of "the oath: the obama white house and the supreme court." so what exactly does he mean? you've studied justice scalia. you have studied the law. when he talks about the reduction to the absurd. >> well, it's actually a very interesting controversy that may be changing before our very eyes, wolf. because historically one of the grounds that congress can pass a law is they say, we morally disapprove. moral disapproval is not an aprop pree grounds for a government action but over time the court has said certain kinds of moral disapproval is no longer allowed. you can't simply disapprove of blacks and whites going to school together and pass a law. the question now is, is moral disapproval of homosexuality a legitimate ground for the government doing anything? that's really one of the main issues in this case coming out. >> that's his argument, that that's why he's opposed to it? is that what you're saying? >> well, what he's saying is that the legislature, whether it's a state legislature or congress can say we morally disapprove of homosexuali
jeffrey toobin is author of "the oath: the obama white house and the supreme court." so what exactly does he mean? you've studied justice scalia. you have studied the law. when he talks about the reduction to the absurd. >> well, it's actually a very interesting controversy that may be changing before our very eyes, wolf. because historically one of the grounds that congress can pass a law is they say, we morally disapprove. moral disapproval is not an aprop pree grounds for a...
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Dec 13, 2012
12/12
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john boehner and president obama are expected to meet at the white house any minute now. let's bring in dana bash. what are you learning? >> reporter: the president is probably on his way to have this meeting with the president that we heard about this afternoon. that's certainly true if you talk to former leaders like i did today on both sides of the aisle. tom daschle and trent lott who hashed out deals like this one. they said, this is exactly what needs to happen. talk: i used to stand outside in the hall and it was a question of when would the deal happen and now it's will they get a deal. what's changed? >> news media is more omnipresent. all of the new social media, traveling back and forth and different personal see teas. tom and i had our differences. not everything was just perfect. >> i was there. i know it wasn't. >> it wasn't perfect. >> and i still am convinced and hopeful, at least, that they are going to come to an agreement. there's an argument that you don't want to make it too early because that gives people not too happy with it more time to undermine
john boehner and president obama are expected to meet at the white house any minute now. let's bring in dana bash. what are you learning? >> reporter: the president is probably on his way to have this meeting with the president that we heard about this afternoon. that's certainly true if you talk to former leaders like i did today on both sides of the aisle. tom daschle and trent lott who hashed out deals like this one. they said, this is exactly what needs to happen. talk: i used to...
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president obama wants to get some of it from the top 2% of wage earners. he wants to raise their tax rate and limit how much they can deduct. the white house says this will bring in $1.6 trillion over ten years. >> that's what the american people have voted for. >> republicans say they'll agree to bring in more money, but not by raising tax rates. in fact, they want to lower tax rates for everyone. instead they'd raise money only by limits deductions and closing loopholes. speaker boehner says this will raise $800 billion over ten years. >> america faces a serious problem. our goal is to make sure it gets solved. >> step two, avoiding the drastic spending cuts that begin on january 1st, the so-called sequester. both sides want to find savings in medicare, but disagree about how to do it. >> we need a responsible white house. we can't sit here and negotiate with ourselves. >> and step three? the debt limit. >> i will not play that game. >> because we've got a -- we have to break that habit before it starts. >> the nation is going to hit the debt limit early
president obama wants to get some of it from the top 2% of wage earners. he wants to raise their tax rate and limit how much they can deduct. the white house says this will bring in $1.6 trillion over ten years. >> that's what the american people have voted for. >> republicans say they'll agree to bring in more money, but not by raising tax rates. in fact, they want to lower tax rates for everyone. instead they'd raise money only by limits deductions and closing loopholes. speaker...